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and demint made a point of personally going to harry reid's office to tell him face-to-face that he decided to resign. i can tell you as an observer of the senate watching relationships deteriorate, this was surprising but a good surprise. >> leaving on a good note at least with the majority leader in the senate. dana, thanks very much. and i'm joined now by senator demint along with heritage foundation founding trustee, the current president, we see the outgoing president, ed feulner, thanks for coming in. we're going to talk a little about the state of the heritage foundation and the republican party. the senator's here, the newsmaker, you shocked all of us. why did you do this? >> wolf, after this last election it's apparent we need to do more as conservatives to convince americans that our ideas and policies are going to make their lives better. the heritage foundation is the premier think tank, research organization, the premier idea group for the conservative movement. this will give me the opportunity to help take our case to the american people. and to translate our policies into re
and demint made a point of personally going to harry reid's office to tell him face-to-face that he decided to resign. i can tell you as an observer of the senate watching relationships deteriorate, this was surprising but a good surprise. >> leaving on a good note at least with the majority leader in the senate. dana, thanks very much. and i'm joined now by senator demint along with heritage foundation founding trustee, the current president, we see the outgoing president, ed feulner,...
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you are looking at harry reid at issue. whether they will allow food in the cafeteria for a special screening of the movie "lincoln." and now our senior capitol hill producer. chad? >> this is interesting. initially there were report these were going to do this screening in the actual senate chamber. that requires a full dispensation of the senate. they don't typically allow the chamber to be used for anything else other than business. there was a big to do when they cleared the chamber to use it for a memorial service to the late robert bird. it was 50 years since they used it for something else. this will be in the congressional auditorium which is underground. we heard harry reid is seeking a waiver to allow food in the auditorium. particularly unbuttered popcorn and bottled water and snacks like junior mints or twizzlers or something like that. this is the same room where director of national intelligence briefed house members on libya yesterday. this is a real multipurpose facility. but it is equiped to and has theater
you are looking at harry reid at issue. whether they will allow food in the cafeteria for a special screening of the movie "lincoln." and now our senior capitol hill producer. chad? >> this is interesting. initially there were report these were going to do this screening in the actual senate chamber. that requires a full dispensation of the senate. they don't typically allow the chamber to be used for anything else other than business. there was a big to do when they cleared the...
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harry reid feels differently. and the president feels differently. >> the president is right to say this is an extreme measure and was used irresponsibly last year. it hurt the economy last year. megyn: just to clarify and tell the viewers what you are talking about. the republicans in exchange for raising the debt limit said we'll do it but there have to be spending cuts to offset the amount of debt. >> what i don't like about the debt ceiling process is we have a process to create budget and there are congress and committees. things are supposed to go through both houses and get voatds on. i think this is going outside the democratic process. the republican numbers went down much more than barack obama's did last year. i think they have to be careful about what they are doing here. >> i think the reason simon doesn't like it is because it gives the republicans leverage to force the president to deal with the debt. the president has as much chance of succeeding as you have of getting john bolton to cry on your sh
harry reid feels differently. and the president feels differently. >> the president is right to say this is an extreme measure and was used irresponsibly last year. it hurt the economy last year. megyn: just to clarify and tell the viewers what you are talking about. the republicans in exchange for raising the debt limit said we'll do it but there have to be spending cuts to offset the amount of debt. >> what i don't like about the debt ceiling process is we have a process to create...
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he will be missed by democratic senator harry reid calling demint a friend. >>> i have read his book. he's read my book. we are friends. we spent half hour within the past week talking about the senate. at this time, i didn't know that he was considering leaving. i'm not sure that he had made a decision at that time. i rather doubt it. but i've always liked the guy. and even though i disagreed with so much of what he's done, i appreciate that -- i personally believe he does this out of a sense of real belief. it's not political posturing for him as it is for a lot of time. i like jim demint. i wish him well. >> keep in mind, demint is leaving with four years left in his senate term. earlier he had said he would retire in 2017 but gave no previous indication he might quit now. >>> as concerns are rising over activity at syria's chemical weapons site a new round of diplomacy today. hillary clinton meets with russia's foreign minister, a long-time friend of syria's. so what happens next? i'm brooke baldwin. the news is now. >>> when something brings you down, you got to get up. >> you ok
he will be missed by democratic senator harry reid calling demint a friend. >>> i have read his book. he's read my book. we are friends. we spent half hour within the past week talking about the senate. at this time, i didn't know that he was considering leaving. i'm not sure that he had made a decision at that time. i rather doubt it. but i've always liked the guy. and even though i disagreed with so much of what he's done, i appreciate that -- i personally believe he does this out of...
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the story broke yesterday, harry reid setting up a screening on the floor of the senate. we've reached out to everyone involved here. one of our sources has confirmed there is a special senate screening scheduled for december 19th we're also being told, carol, there's still some details being figured out and at this stage we don't know if it will actually happen inside the capitol building, but this is at least the third time lincoln is getting a special political screening. the president, remember that, he held a special screening at the white house with the entire cast and director steven spielberg and kevin mccartney held a special screening for gop menls. if they watch the movie once, perhaps twice, they'll be able to reach a compromise. >> here is a better idea. daniel day-lewis should do the whole lincoln get-up, go into congress, act as abe raham lincn and draw the two sides together. >> i think that may actually work. then we can have a lincoln 2. bad idea. >> thank you so much. >>> new orleans saints fans may hate him. roger goodell's brother calls him a hero. we
the story broke yesterday, harry reid setting up a screening on the floor of the senate. we've reached out to everyone involved here. one of our sources has confirmed there is a special senate screening scheduled for december 19th we're also being told, carol, there's still some details being figured out and at this stage we don't know if it will actually happen inside the capitol building, but this is at least the third time lincoln is getting a special political screening. the president,...
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we had a meeting with harry reid and speaker john boehner. the executive board message was as youre dealing with tough decisions that have to be made, to make sure that we don't over the fiscal cliff, don't shift e burden downward. we understand that there is a shared sacrifice. we ask for flexibility when it comes to programs thatre funded by the federal government and federal monies. we needlex ability to be able to determine what is in the best interest of our state. how we can best serve the population. gerri: the truth is the states only have so much flex ability because you have to meet your budget. the federal govement doesn't. but i want to show who is in washington. it was scott walker, gary herbert, mark dayton, jack markell. all the leadership of the governors associatio what kind of response did you get? we are not passing anything onto you guys. >> the president was very cordial and respectful to the governors. and we believe that we have a stake in this process, and he felt like we could offer some ideas of ways that we could he
we had a meeting with harry reid and speaker john boehner. the executive board message was as youre dealing with tough decisions that have to be made, to make sure that we don't over the fiscal cliff, don't shift e burden downward. we understand that there is a shared sacrifice. we ask for flexibility when it comes to programs thatre funded by the federal government and federal monies. we needlex ability to be able to determine what is in the best interest of our state. how we can best serve...
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reid says he wants to reform the filibuster he once again promised to do it he asked republicans to work with him on it speak to reporters on tuesday reid said we're going to change the rules we can't continue this way i hope we can get something with the republicans it will work on this and he and jeff merkley are spearheading this effort to say that if you're going to filibuster you have to stand there and talk and just you know look at this chart shows how many record breaking filibusters we've seen since here it is there's filibusters since what's the year it doesn't say here in my copy but since nine hundred sixty one ok and and then you know democrats come into office of bohem the filibusters explode also it forty republican senators who are typically leading filibusters represent only eleven percent of americans. so there you go there from like little states like wyoming and oklahoma and and so to do with this one why should i have an percent of americans be determining the agenda of one hundred percent of those the senate was created for isn't all there is to dave to be able
reid says he wants to reform the filibuster he once again promised to do it he asked republicans to work with him on it speak to reporters on tuesday reid said we're going to change the rules we can't continue this way i hope we can get something with the republicans it will work on this and he and jeff merkley are spearheading this effort to say that if you're going to filibuster you have to stand there and talk and just you know look at this chart shows how many record breaking filibusters...
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here's what harry reid said. he said, quote, senator mcconnell made a serious offer today to me with regards to the debt ceiling, a deal on the debt ceiling. i want a vote on it this afternoon. very strange but interesting, intriguing turn of the events. dennis: if you are harry reid and you run the senate and democrats controlled the senate you do not accept mcconnell republicans's proposal unless you get the outcome you want. they want the debt ceiling raised. mcconnell doesn't offer this unless he wants the death ceiling aised to remain a big uncertainty to work out a clip. cheryl: this news from one of our producers out of washington and this is just breaking right now so we will continue to follow this news out of the ec and get more details. cheryl: dennis: we will see the dow turned around on some optimism because having democrats and republicans working together at all on anything at this point seems like a rarity. elsewhere sports fans uniting in the court room, major-league baseball, hockey and others i
here's what harry reid said. he said, quote, senator mcconnell made a serious offer today to me with regards to the debt ceiling, a deal on the debt ceiling. i want a vote on it this afternoon. very strange but interesting, intriguing turn of the events. dennis: if you are harry reid and you run the senate and democrats controlled the senate you do not accept mcconnell republicans's proposal unless you get the outcome you want. they want the debt ceiling raised. mcconnell doesn't offer this...
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. >> senate majority leader harry reid has also called republicans out for sabotaging the democratic process. now, putting this all into context, he tweeted out today, harry reid did, "i share the frustration of americans lamenting the lack of progress in negotiations to avoid a massive tax increase on middle class families. but for insight into why negotiations have been tough, consider the failure of the disabilities treaty at the hands of the tea party. those are the same republicans with whom democrats are supposed to find agreement to protect middle class families from a january 1st tax increase?" who could say it better? democrats are not being unreasonable here whatsoever. they are the party of reason right now. the people have spoken. house democratic whip steny hoyer says democrats are still willing to talk with republicans about entitlement reforms. they've been on the table for some period of time. that does not mean that i'd be prepared to adopt them now. but they're clearly, i think, on the table. republicans don't want to talk about entitlement reforms. you see, they ju
. >> senate majority leader harry reid has also called republicans out for sabotaging the democratic process. now, putting this all into context, he tweeted out today, harry reid did, "i share the frustration of americans lamenting the lack of progress in negotiations to avoid a massive tax increase on middle class families. but for insight into why negotiations have been tough, consider the failure of the disabilities treaty at the hands of the tea party. those are the same...
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harry reid believes so. the senate will get inspiration when reid hosts a clescreening the spielberg movie. >> whatever helps to get things moving, right? >>> hundreds of same-sex couples in washington state lined up overnight to get a marriage license now that they can legally wed. the county clerk's office in seattle opened at midnight to accommodate couples eager to make history. there's another historic first in washington overnight. it is now legal to buy and possess pot. the law, though, bans public use of marijuana, like drinking in public. and it's against the wall to sell pot. the state is trying to work out a system to license growers. >>> and with that, we'll take a look -- >> you can't buy it or sell it. >> time, now, for the weather across the country. showers from portland to seattle. up to eight inches of snow in the northern cascades and rockies. mild in the nation's midsection. pop-up showers in omaha, cincinnati and louisville. and scattered showers from the carolina coast through florida.
harry reid believes so. the senate will get inspiration when reid hosts a clescreening the spielberg movie. >> whatever helps to get things moving, right? >>> hundreds of same-sex couples in washington state lined up overnight to get a marriage license now that they can legally wed. the county clerk's office in seattle opened at midnight to accommodate couples eager to make history. there's another historic first in washington overnight. it is now legal to buy and possess pot....
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so one could understand harry reid's frustration in trying to negotiate with republicans when he vented, and i quote, it's difficult to engage in rational negotiation when one side holds well-known facts and proven truths in such low esteem. senator reid is spot on or more on what it means for the disabilities community i'm met with the ceo how shocked are you that it could not be ratified by the united states senate. >> when it comes down to it, i was floored. there is no reason in this day and age when a treaty that is focused on a quality for people with disabilities abroad can't pass the u.s. senate. it was really ridiculous and ultimately a sad day for america that we couldn't get it through. this treaty would have allowed the united states to really export things that we just hold dear you know, some of our fundamental values about equality freedom and true human dignity. when americans are traveling abroad whether it's to study to work, or as part of a family contingent going to one of our bases overseas, they will not have the same protection as folks with disabilities here in t
so one could understand harry reid's frustration in trying to negotiate with republicans when he vented, and i quote, it's difficult to engage in rational negotiation when one side holds well-known facts and proven truths in such low esteem. senator reid is spot on or more on what it means for the disabilities community i'm met with the ceo how shocked are you that it could not be ratified by the united states senate. >> when it comes down to it, i was floored. there is no reason in this...
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now, harry reid using his time to take a special waiver to allow unbuttered popcorn in the auditorium. that's what passes for work these days. the president's holding another campaign style event as the middle class families, and with more, michael burgess of texas. congressman, great to have you object show again. >> great to be with you, thank you. gerri: everything's hanging in the banse, economy, middle class income, taxes, you name it, and you and your fellow house members are not going to work. >> well, wait, this is a 24-hour day job, seven days a week. i'm in new york tomorrow looking at the hospitals affected in hurricane sandy, and i feel like i need to do the ground work to investigate that for myself. gerri: you're doing work, but not all the people you work with in washington are. some are just taking time off before the holidays when this big issue is on the plate. nancy pelosi had to say about this. >> we should be here and came as a surprise, and i'm really surprised that the republicans would leave. we maim in tuesday, and we left wednesday at twelve o'clock noon. wit
now, harry reid using his time to take a special waiver to allow unbuttered popcorn in the auditorium. that's what passes for work these days. the president's holding another campaign style event as the middle class families, and with more, michael burgess of texas. congressman, great to have you object show again. >> great to be with you, thank you. gerri: everything's hanging in the banse, economy, middle class income, taxes, you name it, and you and your fellow house members are not...
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perhaps that's why senate majority leader harry reid felt confident enough to declare that until republicans move on tax rates, more spending cuts are off the table. >> the president made clear, i have tried to make very clear, until there's some movement in tax rates, we're -- i'm not talking about any other proposals, not about where there will be a cut here or a cut there. >> no. as a matter of fact, the only cuts the senate is talking about today are in terms of staff on the republican side. with the surprise news today that senator jim demint after blasting speaker boehner's debt reduction plan will step down from the senate to head a conservative think tank. quote, i've decided to join the heritage foundation at a time when the conservative movement needs strong leadership in the battle of ideas. yes, the strong leadership of lobbyists. asked by rush limbaugh if boehner was forcing him out, demint replied, it might work a little bit the other way. let's get to our panel. with us from washington is msnbc political analyst david corn, msnbc contributor dr. jared bernstein, senior fellow
perhaps that's why senate majority leader harry reid felt confident enough to declare that until republicans move on tax rates, more spending cuts are off the table. >> the president made clear, i have tried to make very clear, until there's some movement in tax rates, we're -- i'm not talking about any other proposals, not about where there will be a cut here or a cut there. >> no. as a matter of fact, the only cuts the senate is talking about today are in terms of staff on the...
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do you think that senator harry reid is going to get filibuster reform done? >> no. >> jennifer: oh! break my heart tomasky! come on. we were doing so well there for a minute. why wouldn't he? if it is a majority vote, why wouldn't he? >> you know, i'm not sure -- let me put it this way. that came out of my mouth somewhat as a surprise to me, actually. but that was my first -- that was my first instinct. i just think -- it's going to be hard to get 51 democrats even though they're going to have 55, i know. i think is going to be tough to get 51 democrats to vote for that. governor, even if they do get it, i don't think this filibuster reform that they're getting is going to change very much. they're not necessarily hitting all of the choke points you might say. >> jennifer: but it might be more transparent. i hope you write about it. all right. michael tomasky special correspondent with "newsweek" "daily beast." up next, fast food workers going on strike. what outrageous demands could they possibly want? how about a living wage? we'll talk to one of the strike
do you think that senator harry reid is going to get filibuster reform done? >> no. >> jennifer: oh! break my heart tomasky! come on. we were doing so well there for a minute. why wouldn't he? if it is a majority vote, why wouldn't he? >> you know, i'm not sure -- let me put it this way. that came out of my mouth somewhat as a surprise to me, actually. but that was my first -- that was my first instinct. i just think -- it's going to be hard to get 51 democrats even though...
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then if the fiscal cliff is hit, then the persons that will be hit are president obama and harry reid. >> every single house republican needs to be involved in communication. if they passed a bill that extended the tax cuts for everybody and every single one of them went on local tv and local radio and said we have now passed a middle class tax extension, all the president has to do is sign it, you would have a totally different debate going on the next day. >> sean: this is what i feel is missing. the discussion, and as best i could, i'm trying to explain it, about conservative prime princi, about what's al at stake, and ai hear is or i sense a fear they don't want to go over the cliff and i sense a fear on the pr front and just even the president with the whole language of the debate seems like a defeat to me. >> i don't understand why they haven't said from day one this is the path to a balanced budget that has to involve entitlement reform and spending reform. i went to analysis on monday and interviewed mitch daniels who has been a terrific governor. mitch needed $3 billion for c
then if the fiscal cliff is hit, then the persons that will be hit are president obama and harry reid. >> every single house republican needs to be involved in communication. if they passed a bill that extended the tax cuts for everybody and every single one of them went on local tv and local radio and said we have now passed a middle class tax extension, all the president has to do is sign it, you would have a totally different debate going on the next day. >> sean: this is what i...
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. >> and harry reid named a number today. 38.5%. >> they talk about the clinton tax rates and say how good the economy was under the clinton years, but it's not entirely clear that raising taxes is going to create a great economy this time around. >> thank you so much. we go from party line to the front lines on the impact of the fiscal cliff's mess. fedex ceo fred smith was among the ceos who met with the president yesterday. he's been outspoken on the issue of corporate taxes as well as jobs, making headlines saying it's a myth that raising tax rates will kill jobs. let's talk with fred smith right now in a cnbc exclusive about that and more. frank, good to have you on the program. welcome back. >> thank you very much, maria. always good to be here. >> good to see you again. let's start with the fiscal cliff issue. when it comes to higher taxes, you seem to disagree with house speaker boehner when he says raising taxes on the highest earners will hurt jobs. can you elaborate on that? >> i think what the speaker is saying quite correctly is you don't want to increase taxes on the job
. >> and harry reid named a number today. 38.5%. >> they talk about the clinton tax rates and say how good the economy was under the clinton years, but it's not entirely clear that raising taxes is going to create a great economy this time around. >> thank you so much. we go from party line to the front lines on the impact of the fiscal cliff's mess. fedex ceo fred smith was among the ceos who met with the president yesterday. he's been outspoken on the issue of corporate...
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majority leader harry reid did his part for the cause on the senate floor today. >> so it's apparent how this will end. the only question is, when will it end? it's how long will speaker boehner make middle class families wait for relief and how long will he force the financial markets to wait for uncertainty. >> joining the panel now, the sage of capitol hill, the seasonally elegant luke russert. >> thank you so much for having me. >> you get a special intro when you arrive on set a little late. thrilled to have you here, with ongoing deliberation on capitol hill, you are the eyes. >> eyes and ears hopefully. yet i'm here, congress is recessed this week. >> always a reason, my friend. the fact that tim geithner came out and said, we will go over this cliff, is somewhat counter to what the president has been saying thus far. you couple that and the recent talk about the debt ceiling and making sure that's included in whatever deal is made on this, is the white house demanding too much? are they in danger of edging too far over the line? >> not yet. obviously, look, there's a huge vic
majority leader harry reid did his part for the cause on the senate floor today. >> so it's apparent how this will end. the only question is, when will it end? it's how long will speaker boehner make middle class families wait for relief and how long will he force the financial markets to wait for uncertainty. >> joining the panel now, the sage of capitol hill, the seasonally elegant luke russert. >> thank you so much for having me. >> you get a special intro when you...
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. >> reporter: but when majority leader harry reid took him up on the offer today, mcconnell backed down. >> what we have here is a case i told everyone that we are willing to have that vote, up or down vote, and now the gop leader objects to his own idea. >> woodruff: meantime, republicans learned today the party was losing one of their most outspoken voices on fiscal issues. two-term south carolina senator jim demint announced that he will resign in january. to become the next president of the heritage foundation-- a conservative washington think tank. in a statement, demint said, a tea party favorite, demint had blasted the house republicans' proposal to raise revenue earlier in the week. south carolina's other senator lindsey graham lamented the loss of his colleague and friend. >> he really did strongly and passionately advocate for his position and did it very effectively, jim made the republican party quite frankly look inward and do some self evaluation, conservatism is an asset not a liability. >> woodruff: the other side of capitol hill was largely quiet today, with the house n
. >> reporter: but when majority leader harry reid took him up on the offer today, mcconnell backed down. >> what we have here is a case i told everyone that we are willing to have that vote, up or down vote, and now the gop leader objects to his own idea. >> woodruff: meantime, republicans learned today the party was losing one of their most outspoken voices on fiscal issues. two-term south carolina senator jim demint announced that he will resign in january. to become the...
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reid the senate democratic leader was on the floor within the past hour or so and he kept the pressure up on republicans. take a listen. >> the plan for the republicans to face reality, there's enough writing on the wall. >> you get the sense here guys that democrats feel like they have the upper hand, there is some dealmaking behind the scenes. what that dealmaking is we don't yet know and when it could yield some resolution we don't know that. >> quickly, we got from geithner yesterday to steve liesman he's prepared to go over the cliff if need be. >> yes. >> do we know if the republican position is weakening at all, are they ready to make any concessions on their end? >> well we get a sense that some republicans that i've been talking to are ready to make a deal, i talked to a couple republicans in the house yesterday who said they are urging speaker boehner to cut a deal here to agree with the president to extend the bush tax cuts for all those under 250,000, at least do that much, so there is some weakening on the republican side. the question is whether there's enough to get a de
reid the senate democratic leader was on the floor within the past hour or so and he kept the pressure up on republicans. take a listen. >> the plan for the republicans to face reality, there's enough writing on the wall. >> you get the sense here guys that democrats feel like they have the upper hand, there is some dealmaking behind the scenes. what that dealmaking is we don't yet know and when it could yield some resolution we don't know that. >> quickly, we got from...
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i think what happened, the senate majority leader harry reid came out with a couple of comments. he said any program, any deal that's out there must include a stimulus component -- really? a stimulus component? he said rates have to increase to 39.6% as part of any deal. the dow drifted lower on that because people were arguing you should have a 37% as a compromise on the tax rates. >> mr. geithner yesterday when speaking exclusively to steve leisman seemed to really avoid that 39% number. that encouraged a lot of people thinking that perhaps that is a flexible number. >> let's hope it is. but the senate majority leader says -- specifically said 39.6. i think that's specifically the reason we took a little bit of a dive a while ago. either side are positive or negative. but i want to note, tech stocks are doing a little bit better overall. the s&p tech index has been doing a little bit better recently, particularly hardware names. you look at some of the big names in the computer space here. take a look at lexmark, dell, seagate, western digital. storage names are up. you were me
i think what happened, the senate majority leader harry reid came out with a couple of comments. he said any program, any deal that's out there must include a stimulus component -- really? a stimulus component? he said rates have to increase to 39.6% as part of any deal. the dow drifted lower on that because people were arguing you should have a 37% as a compromise on the tax rates. >> mr. geithner yesterday when speaking exclusively to steve leisman seemed to really avoid that 39%...
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. [♪ magic wand ♪] >> stephanie: keith says steph it looks like harry reid will get a filibuster rule enacted. senator will have to hold the floor -- imagine 36 straight hours of mitch mcconnell. talking turtles. [ applause ] >> it's hour 27 of my filibuster -- >> i would rather here jimmy stewart. >> the filibuster, the right to talk your head off, the american privilege -- >> stephanie: as jim always says, what the hell accent was that? >> a mid-atlantic accent. >> stephanie: it was old timy. >> it is not quite british -- >> stephanie: a story about an actual snake on an actual plane. wow. 90 passengers -- a snake reportedly bit a jordanian man who smuggled him on board. he owns a reptile shop and he has a cobra in his carry on. that is not a question they ask you. is there a cobra in your carry on. it bit his heel and then slithered under the seat. jim do it. >> get these [ censor bleep ] snakes off of my mother [ censor bleep ] plane! [ applause ] >> what is that in arabic though? someone will tell us. >> sure. >> stephanie: i would do this. california couple abducts handyman, for
. [♪ magic wand ♪] >> stephanie: keith says steph it looks like harry reid will get a filibuster rule enacted. senator will have to hold the floor -- imagine 36 straight hours of mitch mcconnell. talking turtles. [ applause ] >> it's hour 27 of my filibuster -- >> i would rather here jimmy stewart. >> the filibuster, the right to talk your head off, the american privilege -- >> stephanie: as jim always says, what the hell accent was that? >> a...
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senate majority leader harry reid just took the floor. he tried to get a vote on the fiscal cliff deal at 1:30, but minority leader mitch mcconnell, republican objected to that proposal saying i matter of such importance, 60 vote threshold, majority was born to do. now it will not happen, no vote today on the debt ceiling, fiscal cliff proposal to basically the breaking news is we're back where we started. melissa: what is the hottest stock on wall street these days. trading under. the bidding war for my favorite bank analyst. i love dick bove. speaker he is in purgatory. a billion dollars unauthorized trade was described as a rogue trader. presumption of innocence, he was arrested earlier in the week. take the firm, the firm has been closed down since then. dick bove has been in purgatory. sources are telling us bove reseed essentially 17 offers to join him, he is now down to five, he has contracted form in five firms. he believes he'll be making the decision on which of these five firms he will go to in the coming days. he says he is cl
senate majority leader harry reid just took the floor. he tried to get a vote on the fiscal cliff deal at 1:30, but minority leader mitch mcconnell, republican objected to that proposal saying i matter of such importance, 60 vote threshold, majority was born to do. now it will not happen, no vote today on the debt ceiling, fiscal cliff proposal to basically the breaking news is we're back where we started. melissa: what is the hottest stock on wall street these days. trading under. the bidding...
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Dec 6, 2012
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this morning on the floor you had the majority leader harry reid and senator mcconnell talk ago little football, perhaps a sign they are lightening things up and trying to move things forward. jenna: maybe. are they the only two that talk. the floor always looks empty, mike, is it just the two of them back and forth, is that what is going on? >> reporter: they come through, they take center stage and later in the day you get all kinds of things. jenna: a little football talk. never really a bad thing. thank you for the update. jon: let's continue to talk about that a little bit. we are looking at whether president obama is at risk of repeating what some critics have said is a mistake he made in which is one term. one columnist writing that mr. obama alley natured the g.o.p. with his stimulus package. he said rather than work with republicans he colluded with democratic leaders. he goes onto write, quote, fast forward to 2012 it looks as if the white house is trying to repeat its mistakes all over again. joining us now the author of that column jonah goldberg editor at large of the nati
this morning on the floor you had the majority leader harry reid and senator mcconnell talk ago little football, perhaps a sign they are lightening things up and trying to move things forward. jenna: maybe. are they the only two that talk. the floor always looks empty, mike, is it just the two of them back and forth, is that what is going on? >> reporter: they come through, they take center stage and later in the day you get all kinds of things. jenna: a little football talk. never really...
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Dec 6, 2012
12/12
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you cannot say that you are not willing to put into how the programs on the table as harry reid said some time ago. my criticism is not that the president is not willing to compromise. i think the president is willing to compromise. my point today is i do not want us to continue to see this as left-right. we need to see this as we the people holding these officials accountable to reach a compromise because there is too much debt is at stake. you should be incensed that congress recessed early yesterday to go home in the middle of this crisis. that to me is an outrage. what does that say how seriously they take in this cliff will face on december 31? it will have an enormous impact. we should hold the members of congress -- we should do our homework and become educated so we can bring about the accountability that seems to be missing from this debate. host: this is drake on twitter. this is big guns. host: and h. robert asks -- host: back to the column by karl rove in while "the wall street journal." guest: speaker boehner is a very decent guy. he believes in compromise. he is reasona
you cannot say that you are not willing to put into how the programs on the table as harry reid said some time ago. my criticism is not that the president is not willing to compromise. i think the president is willing to compromise. my point today is i do not want us to continue to see this as left-right. we need to see this as we the people holding these officials accountable to reach a compromise because there is too much debt is at stake. you should be incensed that congress recessed early...
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Dec 6, 2012
12/12
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reid in the senate. you're just not seeing it. >> you don't see enough of it. curiously, the markets -- investors are actually increasing their exposure which is kind of contrarian to your point. i do believe to julia's point, you'll see a receding or retreat in that attitude over the next several days and few week ifs we can't get ourselves closer. i remain optimistic. the president wants a legacy and his legacy depends on this. and two proposals have been put forth. they resemble each other in terms of the amount they've asked for. i give republicans credit. they understand revenue has to be part of the deal. the question remains whether it's marginal rates or limiting deductions. adults should be able to come together and get that deal done. >> what happens here in the short term and long term. the short-term thing's not going to be much of a solution. >> no, i don't think so. and mark halperin, you talk about these deals possibly being $2 trillion. we went $5 trillion in debt over the past four or fi
reid in the senate. you're just not seeing it. >> you don't see enough of it. curiously, the markets -- investors are actually increasing their exposure which is kind of contrarian to your point. i do believe to julia's point, you'll see a receding or retreat in that attitude over the next several days and few week ifs we can't get ourselves closer. i remain optimistic. the president wants a legacy and his legacy depends on this. and two proposals have been put forth. they resemble each...
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Dec 6, 2012
12/12
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we'll hear from harry reid and mitch mcconnell. c-span3, the impact of hurricnae ane sandy. a bipartisan group of senators spoke to reporters today about the civil war in syria and the potential use of force against the regime of bashar al-assad. >> good afternoon. i'm here with my colleagues from the senate, senator lieberman, senator gramm. -- graham. we are deeply disturbed by reports that bashar al-assad may have lionized -- weaponized some of his stores of chemical and biological agents and prepare them for use in aerial bombs. these reports also suggest that his forces are awaiting orders to use these weapons. if true, these reports may mean that the united states and our allies are facing the prospect of an eminent use of weapons of mass destruction and syria, and this may be the last warning we get. time for talking about what to do may now be coming to a close, and we may instead be left with an awful and it's very difficult decision. whether to continue on the sidelines and hope that a man who has slaughtered nearly 40,000 men, women and children in syria will deci
we'll hear from harry reid and mitch mcconnell. c-span3, the impact of hurricnae ane sandy. a bipartisan group of senators spoke to reporters today about the civil war in syria and the potential use of force against the regime of bashar al-assad. >> good afternoon. i'm here with my colleagues from the senate, senator lieberman, senator gramm. -- graham. we are deeply disturbed by reports that bashar al-assad may have lionized -- weaponized some of his stores of chemical and biological...